Online casino operator Leo Vegas has confirmed pulling its UK-facing online gaming brand Royal Panda from the UK online gambling market. The company has cited challenging UK market conditions as the reason to pull its brand from the UK.
Leo Vegas made an announcement today that it will no longer be accepting registrations from new customers. The gambling operator has also said that the Royal Panda brand will stop operating in the UK at 9 am on 31 January. As such, the customers will be able to access their accounts before January 31 and not later.
From January 8, the gambling operator has said that the online gaming brand will neither accept any new players nor its existing players on the platform will be able to make new deposits. Leo Vegas has also said that no fresh bets will be accepted post-January 20 on the UK-facing Royal Panda online platform.
The company has said that it will release funds directly through the payment methods on record of the Royal Panda patrons who fail to withdraw their balance before the end of January.
The brand will contact players for alternate ways to send money if it cannot do so by sending it directly through the payment methods on record.
In case the gambling operator fails to establish a contact with a patron in the next 12 months starting January 31, it will be donating their deposits to UKGC (United Kingdom Gambling Commission) approved gambling charity GambleAware.
In a message exclusively for its customers, Royal Panda said: “We’d like to thank you for playing with Royal Panda, remind you that you should withdraw your cash as soon as possible, and wish you every success in the future.
As part of the LeoVegas Group, we thoroughly recommend you check out LeoVegas.com, who provide a fantastic alternative for players seeking an entertaining casino experience.”